What is Disposable Razors?
The demand for disposable razors is expected to grow in the future due to the rise in tourism, consumers have started preferring the use of disposable razors in order to save time and avoid maintenance of razors. These razors offer various benefits such as ease of use and no need for cleaning and sterilization which will boost the market demand. Increasing adoption of electric razors can confine the growth of the disposable razors market during the forecast period.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Gillette(P&G) (United States), DORCO (South Korea), FEATHER Safety Razor Co. Ltd. (Japan), Energizer (United States), Harry's (United States), Kaili Razor (China), Supermax (Malaysia), BIC (France), Benxi Jincheng (China), LORD International (United States) and Ningbo Jiali (China) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Sensitive Disposable Razors and Non-sensitive Disposable Razors) , by application (Men and Women) and major geographies. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Disposable Razors market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Disposable Razors market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Gillette(P&G) (United States), DORCO (South Korea), FEATHER Safety Razor Co. Ltd. (Japan), Energizer (United States), Harry's (United States), Kaili Razor (China), Supermax (Malaysia), BIC (France), Benxi Jincheng (China), LORD International (United States) and Ningbo Jiali (China).
Market Overview:
July 11, 2023 (GLOBE NEWSWIRE) -- The global disposable razor blades market size is expected to reach USD by 2027, exhibiting a CAGR of 3.2% during the forecast period
There are various companies are operating in this market, and they are expanding their footprints in new geographical regions by adopting various market growth strategies such as mergers & acquisitions, expansions, investments, new product launches, and others. This is an emerging market creating huge opportunities in the coming years, to capture these opportunities there are various new players are entering this market.
Influencing Trend:
Increasing Prevalence of E-commerce Market and Development in Packaging
Market Growth Drivers:
Rising Focus on Personal Grooming and Surging Disposable Income and Increasing Number of Travelers across the Globe
Challenges:
The Threat of New Entrants with Low Price Disposable Razor
Restraints:
High Demand for Electric Razors
Opportunities:
Increasing Brand Awareness through Advertisement and The Upsurge in Beauty Consciousness Among Consumer
Key highlights of the Global Disposable Razors market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Disposable Razors market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Disposable Razors market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Disposable Razors Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Disposable Razors market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Disposable Razors market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Disposable Razors Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.